Harley-Davidson’s daily chart is revving loudly, but the bears still seem to have the handlebars.
The recovery from the early-2026 lows has lost momentum. After struggling around $28–29, HOG has slipped into a steep downward channel. The displayed price of $24.43 puts it just above the first marked support at $24.00. This is where the bulls need to find some traction—preferably before the next pothole.
A daily close below $24.00 would expose $22.73, the next marked support. Lose that too, and this ride could get considerably bumpier.
For a credible comeback, buyers need to break the descending channel and start printing higher lows. The $26 area is an initial recovery checkpoint; $28–29 remains the bigger overhead hurdle. Those resistance zones are approximate readings from the visible chart.
My take: cautious while the downward channel holds. A bounce is possible, but revving the engine is not the same as moving forward.
Who takes the handlebars next: bargain-hunting bulls or bears with a full tank?
Chart-based commentary, not financial advice. Wear a helmet—and respect your risk limits.
Laurent - Private Investor
✅ DL INVEST | Community Leader
The recovery from the early-2026 lows has lost momentum. After struggling around $28–29, HOG has slipped into a steep downward channel. The displayed price of $24.43 puts it just above the first marked support at $24.00. This is where the bulls need to find some traction—preferably before the next pothole.
A daily close below $24.00 would expose $22.73, the next marked support. Lose that too, and this ride could get considerably bumpier.
For a credible comeback, buyers need to break the descending channel and start printing higher lows. The $26 area is an initial recovery checkpoint; $28–29 remains the bigger overhead hurdle. Those resistance zones are approximate readings from the visible chart.
My take: cautious while the downward channel holds. A bounce is possible, but revving the engine is not the same as moving forward.
Who takes the handlebars next: bargain-hunting bulls or bears with a full tank?
Chart-based commentary, not financial advice. Wear a helmet—and respect your risk limits.
Laurent - Private Investor
✅ DL INVEST | Community Leader
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.